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Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

Faisalabad Appraisement collects Rs1086.044m in June

FAILBD APP copy

FAISALABAD: The Customs Appraisement collected Rs1086.044 million during the month of June 2018 against the assigned target of Rs611.69 million. According to the statistics available with Customs Today Customs Appraisement collected Rs392.566 million as customs duty against the set target of Rs508.23 million. The Customs Appraisement collected revenue under the heads of customs duty (CD) sales tax (ST) income tax ... Read More »

Multan I&I earns Rs14.23m through final auction of FY 2017-18

Multan I&I earns Rs14 23m through final auction of FY 2017 18 copy

MULTAN: Directorate of Customs Intelligence and Investigation generated Rs14.23 million from the confiscated vehicles and miscellaneous goods from last auction of the Fiscal Year 2017-18. According to the details, Customs Intelligence and Investigation held final public auction of economic year of seized miscellaneous goods and vehicles in Rajapur Office near Khanewal Road. Confiscated vehicles and miscellaneous goods were seized in ... Read More »

FBR collects Rs3750b against assigned target of Rs3850 of FY 2017-18

FBR collects Rs3750b against assigned target of Rs3850 of FY 2017 18 copy

ISLAMABAD: Federal Board of Revenue (FBR) collected Rs3750 billion of revenue against the assigned target of Rs3850 billion in 364 days of Fiscal Year2017-18.  The FBR still have to achieve Rs150 billion in last day of current Fiscal Year it is learnt here. Sources told Customs Today that FBR is optimistic to achieve Rs150 billion and the amnesty scheme will ... Read More »

Multan Customs generates Rs8.5m through auction of goods & vehicles

Multan Customs generates Rs8 5m through auction of goods & vehicles copy

MULTAN: The Customs Collectorate generated Rs 8.5 million through auction of non-duty paid vehicles and miscellaneous goods. According to details, Customs Collectorate held second auction in June for disposal of confiscated vehicles and miscellaneous goods seized by Anti-Smuggling Organization. Customs offered four various lots of confiscated vehicles for public sale including Toyota Land Cruiser TX Prado jeep, Toyota Land Cruiser ... Read More »

Gwadar Customs seizes huge quantity of Iranian diesel worth Rs8.50m

Gwadar Customs seizes huge quantity of Iranian diesel worth Rs8 50m copy

GWADAR: The Customs Collectorate seized huge quantity of Iranian diesel worth Rs 8.50 million including truck used in smuggling. Sources told Customs Today on Tuesday that Deputy Collector Junaid Mehmood received secret information that some smugglers are trying to smuggle Iranian diesel from Gwadar to Karachi. After receiving this information, he constituted a raiding team under the supervision of Customs ... Read More »

Quetta I&I foils bid to smuggle medicines, chemicals worth Rs6m on Monday

Quetta I&I foils bid to smuggle NDP goods worth Rs7 88m copy

QUETTA: The Directorate of Customs Intelligence and Investigation (I&I) on Monday foiled an attempt to smuggle illegal medicines and liquid chemicals (used manufacturing in drugs) Rs6 million during checking. Sources told Customs Today that Director Customs Intelligence and Investigation Muhammad Akram Chaudhary received a tip-off that some smugglers are trying to smuggle various type of banned medicine and hashish from ... Read More »

Faisalabad Customs impounds smuggled vehicles in three weeks of June

Faisalabad Customs impounds smuggled vehicles in three weeks of June copy

FAISALABAD: The Customs Intelligence and Investigation (I&I) seized huge quantity of non duty paid goods and vehicles by foiling different smuggling bids during first three weeks of June 2018. Sources told Customs Today that Customs Intelligence and Investigation made eight seizures in its regions including two smuggled cases registered by the FIU Sargodha and five operations conducted successfully against the ... Read More »

PCA detects tax evasion of Rs14.58m by M/s Shamim Garments & Export

PCA detects tax evasion of Rs14 58m by M s Shamim Garments & Export copy

KARACHI: The Directorate of Customs Post Clearance Audit (PCA) detected duties and tax evasion of Rs 14.58 million by M/s Shamim Garments & Export, Malir Karachi and forwarded the report to concerned adjudication, it is learnt here. Sources told Customs Today that M/s  Shamim Garments & Export imported a consignment of  fabrics dying machines, dryer, and sewing machines,(German origin)  got ... Read More »

Customs Court grants bail to suspect booked in HSD smuggling case

Customs Court grants bail to suspect booked in HSD smuggling case copy

KARACHI: The Customs Court granted bail to suspect namely Abdul Hussain son of Abdul Sattar against the surety of Rs50,000, who is booked in a case of attempting to smuggle non-duty paid 4500 liters High Speed Diesel (HSD). On Tuesday, counsel for the suspect filed bail petition and argued that accused is fisherman by profession and sue to earn livelihood ... Read More »

Customs confiscates 500 bottles of alcohol during Eid holidays

Customs confiscates 500 bottles of alcohol during Eid holidays copy

LAHORE: The Customs team deputed at Allama Iqbal International Airport confiscated as many as 500 alcohol bottles and large number of mobile phones from passengers travelling via different flights during four days of Eid holidays at Allama Iqbal International Airport. Sources told Customs Today that the customs team conducted operations in different flights coming from different countries. Most of the ... Read More »

Multan Customs generates Rs5.5m from auction of NDP vehicles, goods

Multan Customs generates Rs5 5m from auction of NDP vehicles goods copy

MULTAN: The Customs Collectorate generated Rs.5.5 million from auction of confiscated vehicles and miscellaneous goods. According to details, Multan Customs conducted auction for the disposal of  confiscated vehicles and miscellaneous goods. Multan Customs offered five various lots of confiscated vehicles for public sale including Toyota Land Cruiser TX Prado jeep, Suzuki Alto, Nissan oil tanker (empty) and others. Only two ... Read More »

PCA detects Rs14.54m tax evasion by M/s Nadir Computer Accessories

PCA detects Rs14 54m tax evasion by M s Nadir Computer Accessories copy

KARACHI: The Directorate of Customs Post Clearance Audit detected duties and tax evasion of Rs14.54 million by M/s Nadir Computer Accessories, Karachi, it is learnt here. Sources told Customs Today on Monday that M/s Nadir Computer Accessories, Karachi imported a consignment of new and used computer and its accessories include laptops and got it cleared from the PICT Karachi vide ... Read More »

Adjudication-I recovers Rs9.55m from M/s Saba Garments

Adjudication I recovers Rs9 55m from Ms Saba Garments copy

KARACHI: Customs Adjudication-I served a final notice on a defaulter company named M/s Waseem and Sons, Karachi and recovered Rs 9.55 million from M/s Saba Garments & Export, located in SITE Karachi. Sources told Customs Today that M/s Waseem and Sons, Karachi was allegedly involved in tax evasion. The company imported different types of molding machines, water filter plants accessories ... Read More »

Quetta I&I foils bid to smuggle luxury vehicles parts worth Rs6m

Quetta I&I foils bid to smuggle luxury vehicles parts worth Rs6m copy

QUETTA: The Directorate of Customs Intelligence and Investigation Quetta frustrated a smuggling bid of luxury vehicle chassis and radiators priced at Rs 6 million. Sources told Customs Today that Director Customs Intelligence and Investigation Muhammad Akram Chaudhary received secret information that some smugglers are trying to smuggle luxury vehicles accessories from Quetta to Karachi. He constituted a raiding team under ... Read More »

FBR assigns revenue collection task of Rs4528.5m for June

FBR assigns revenue collection task of Rs4528 5m for June copy

MULTAN: The Federal Board of Revenue (FBR) assigned Rs.4528.5 million revenue collection target for the month of June to Customs Collectorate According to details, Customs Collectorate has been assigned monthly revenue collection task after the month of June from Federal Board of Revenue. Multan Customs were allocated different revenue collection tasks under the head of customs duty, sales taxes, federal ... Read More »

Gwadar Customs seizes huge quantity of medicines, mobiles worth Rs10.58m

Gwadar Customs seizes huge quantity of medicines mobiles worth Rs10 58m copy

GWADAR: The Customs Collectorate Gwadar seized big quantity of illegal medicine and non duty paid mobiles phones  worth Rs 10.58 million. Sources told Customs Today on Tuesday that deputy collector Gwadar received secret information that some smugglers are trying to smuggle ban medicines and mobile phones  from Gwadar to Karachi. After receiving this information, he constituted a raiding team under ... Read More »

Faisalabad Appraisement collects Rs 1475.058 million during May 2018

Faisalabad Appraisement collects Rs 1475 058 million during May 2018 copy

FAISALABAD: The Collectorate of Customs Appraisement collected revenue of Rs1475.058 million during the month of May 2018 against assigned target of Rs 1691.16 million. Sources told Customs Today that Customs Appraisement was assigned revenue collection target of Rs1205.52 million under the head of sales tax (ST) as it collected Rs 1045.906 million during the said period. Customs Appraisement collected Rs ... Read More »

Appraisement West collects Rs11655.21m during May

Appraisement West collects Rs11655 21m during May copy

KARACHI: The Customs Collectorate of Appraisement West collected Rs 11655.21 million of customs duty (CD), sales tax (ST), income tax (IT) and federal exercise duty (FED) during the month of May 2018. Sources told Customs Today that Appraisement West received Rs 7458.24 million as customs duty, Rs2417.69 million under the head of sales tax, Rs 1745.74 million as income tax ... Read More »

Gwadar Customs seizes non duty paid juices, gutkha worth Rs7.15m

Gwadar Customs seizes non duty paid juices gutkha worth Rs7 15m copy

GWADAR: The Customs Collectorate has seized large quantity of Iranian Juices, and Indian Gutkha worth Rs 7.15 million on Saturday morning.. Sources told Customs Today that Deputy Collector Gwadar received secret information that some smugglers are trying to smuggle packets of Iranian Juices, and Indian Gutkha out of Gwadar city. He constituted a raiding team of the Customs Anti-Smuggling Organization (ASO) under ... Read More »

Pak-India trade plunges to $1.25b during current fiscal year

Pak-India trade plunges to $1 25b during current fiscal year copy

LAHORE: Trade activities between Pakistan and India have slowed down in current fiscal year of 2017-18, as the bilateral trade between the two rival nations has dropped to $1.25 billion from $2.4 billion of five years ago in 2013. Sources in trade and industry said that Pakistan and India are presently doing a total bilateral trade of around $5 billion ... Read More »